Central banking

How the Federal Reserve’s rate policy affects mortgages

The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates…

Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…

Bank of England holds rates but vote split surprises markets

The Bank of England pictured in December 2024. Sopa Images | Lightrocket | Getty Images LONDON — The Bank of…

Fed cuts rate by a quarter point

WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive…

UK inflation, November 2024

The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital’s financial district,…

Powell says he’s not worried about the Fed losing its independence under Trump

Jerome Powell, chairman of the US Federal Reserve, right, speaks during the New York Times DealBook Summit at Jazz at…

Fed Chair Jerome Powell speaks at Dealbook conference

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Euro zone inflation, November 2024

The stalls at the 590th Dresden Striezelmarkt are brightly lit at the opening. Sebastian Kahnert | Picture Alliance | Getty…

Watch Fed Chair Powell speak live to business leaders in Dallas area

[The stream is slated to start at 3 p.m. ET. Please refresh the page if you do not see a…

Top Wall Street execs are getting skeptical on the Fed’s easing path

A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange…